Advisory services
Governance Processes
KEY OUTCOMES
Identify critical board performance factors and implement an ascent plan toward success
About Governance Processes
Governance processes need to adjust in consideration with an organisation’s purpose and strategic intent.
Are you governance processes rooted in the past and adding little in the way of value and decision making ability?
Governance Processes Components
Board composition and structures
Committee composition and effectiveness
Board and committee leadership
Board and management interactions and engagement
Benchmarking against peer organisations and sectors
Why Governance Processes Services?
Governance processes services address a range of governance and strategic challenges such as:
- Unclear board cadence
- Committees that are defunct in terms of an organisation’s purpose and strategy
- Ineffective information flows
- Tensions between management and the board, including between the Chair and CEO
- Board is either too involved in the work of management or undesirably aloof
- Poor insights into how governance compares to sector standards, competitors, or their own organisation over time
Our Approach
The Peakstone Global approach to Advisory Services covers the full project lifecycle of diagnose, design, deliver and embed
Our specific approach elements to delivering Governance Processes advisory services are:
- Establish the review brief and a clear scope with the Chair and other key stakeholders
- Conduct the review diagnostic through interviews and/or digital surveys to elicit insights
- Assess and analyse the results and information from the review diagnostic
- Benchmark board performance over time and with sectors peers
- Provision of findings, recommendations and design options including a facilitated workshop with the Board
- Articulation of actions and ascent delivery plan over 24 months
- Assign monitoring points and coach key stakeholders so client can embed the change agenda with advice and support of Peakstone Global
